Brief: Goodfood Market Corp - Active Subscribers Increased To 89,000 As At August 31, 2018

Goodfood Market

22/11/2018 21:06

Nov 22 (Reuters) - Goodfood Market Corp  FOOD.TO :
    * GOODFOOD REPORTS RECORD FINANCIAL RESULTS FOR FY2018 WITH
GROSS
MERCHANDISE SALES GROWTH OF 264% AND POSITIVE CASH FLOW FROM
OPERATIONS FOR THE YEAR
    * ACTIVE SUBSCRIBERS INCREASED TO 89,000 AS AT AUGUST 31,
2018
    * ANNOUNCED $13.5 MILLION NON-DILUTIVE DEBT FINANCING TO
FUND
GROWTH, AUTOMATION AND EXPANSION
    * REVENUE FOR Q4 GREW 185% TO $21.4 MILLION
    * ADJUSTED NET LOSS FOR Q4 WAS $0.06 PER SHARE (BASIC AND
DILUTED)
    * DURING Q4, ADDED 13,000 NET NEW SUBSCRIBERS, AN INCREASE
OF 17%
FROM END OF Q3

Source text for Eikon:  ID:nGNXgwVzT 
Further company coverage:  FOOD.TO 

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